According to a top analyst, InvestingHaven, the value of Cardano (ADA) might rally to $2.55 in the coming weeks. However, bulls must safeguard the support at the $0.824 region. The market correction hasn’t stopped early DTX Exchange (DTX) from giving early investors a 500% ROI as it pumped from $0.02 to $0.12.
As the fastest-growing cryptocurrency ICO to raise over $10.4 million, analysts chose DTX coin as the 10X coin with the highest probability of 10x by Q1 2025. Meanwhile, the XRP may rise by 490% in the months ahead.
Cardano (ADA) Uptrend Depends on Holding $0.824 Support
In a recent tweet, a top expert called InvestingHaven commented on Cardano’s (ADA) potential price movement in the coming year. According to them, the value of the Cardano token could trade between $0.83 and $1.88 in the early part of next year. In a very bullish scenario, InvestingHaven noted the Cardano price might even rise to $2.55.
However, there is a condition. The analyst added that the cryptocurrency’s price must remain above the $0.824 Fibonacci level support in early 2025. If the Cardano coin price drops below this support, it could invalidate the other price prediction.
Another analyst called EWT noted that ADA’s price might rise to $2.3 if it stays above the support level at $0.9-$1.01. Presently, the value of Cardano (ADA) has plunged by 16.3% and 18.1% on the weekly and biweekly timeframes, respectively. Nevertheless, a price rebound for ADA could occur in the coming weeks.
Ripple (XRP) on the Verge of a 490% Price Explosion
Steph is Crypto, a cryptocurrency analyst, has noted that the 12-hour Bollinger Bands for Ripple (XRP) are experiencing a squeeze. This pattern, where the bands get thinner, has been followed by significant price action in the past. In a previous case of this Bollinger Band squeeze, the Ripple coin saw a price increase of 490%. The analyst noted that although history never really repeats itself, it always rhymes.
The Ripple price could surge to $13.87, a 490% increase. The DeFi coin has dropped by 3.9% on a weekly chart. In this timeframe, the Ripple XRP has been consolidating between $2.27 and $2.70. The recent whale accumulation and launch of Ripple’s RLUSD failed to force a rally to $3.But analysts are still optimistic. This is bullish as the relative strength index of the coin is still above the midline.
DTX Exchange (DTX): A New Star With Rapid Expansion
As one of the very few projects to raise over $10.4 million in presale alone, DTX Exchange (DTX) has received a lot of attention and is labeled one of the best-performing ICOs of 2024. It has already given its early backers a 500% profit increase. The DTX token is available at $0.12, experts predict that the DeFi coin price could rise by 10x by early Q1 2025.
This is an opportunity for investors to join the presale and add one of the most promising cryptocurrencies of the year to their portfolios. DTX Exchange is a hybrid exchange expected to revolutionize trading with its emphasis on speed, anonymity, and advanced tools. DTX is different from traditional exchanges in that it provides absolute decentralization, has no KYC verification and users have total control of their assets.
In addition to cryptocurrencies, DTX gives its users access to over 120,000 financial instruments including cryptocurrencies, ETFs, indices, stocks, and commodities. It also has a very attractive revenue-sharing feature that makes the exchange more appealing for traders. High-volume traders can pocket a share of the 3% percent slice of the platform’s earnings.
Conclusion
DTX Exchange is gaining more momentum in the market as its presale grows. Merging the benefits of CEX and DEX, the DeFi project provides a platform where users can enjoy access to advanced tools, privacy, and high leverage. Such features position its native token, DTX for huge adoption, making it a good cryptocurrency to buy like Cardano (ADA) and Ripple (XRP).
Find out more information about DTX Exchange (DTX) by visiting the links below:
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